Sam Altman: OpenAI nonprofit will retain control of the $300 billion company

Mashable

Summary

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AI safety advocates had expressed concerns about pursuing substantial profits from such powerful technology without the oversight of a nonprofit board of directors acting in society's interest rather than for shareholder profits.
International Business Times
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OpenAI is reversing course and said Monday its nonprofit will continue to control the business that makes ChatGPT and other artificial intelligence productsMatt O'Brien
The Independent
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The original nonprofit is the controlling shareholder and would have been spun out as an independent entity if OpenAI had succeeded in its efforts.
NBC News
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FirstFT: OpenAI abandons plans to convert into a for-profit company
Financial Times

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